1/2/2024 – A mixed day with the Dow Jones up 25 points (+0.07%) and the Nasdaq down 245 points (+1.63%)
A big down day for the Nasdaq……a sign of things to come?
Many certainly believe that. Case and point……
Top Wall Street bull warns of a pause in stock rally but sees S&P 500 grinding higher in 2024
“Considering the powerful rally that stocks stateside have had from a low since October 27, it should come as no surprise that traders and investors needed to take the opportunity to assess a move from the October low through last Friday,” said strategists led by John Stoltzfus, chief investment strategist and managing director at Oppenheimer.
The End Of Money As We Know It – What To Expect in 2024
“Markets closed 2023 with the strongest rally for equities, bonds, gold, and cryptocurrencies in years. The level of complacency was obvious, registering an “extreme greed” level in the Greed and Fear Index.”
Yet, our mathematical and timing work shows something very different. Just as it did at the end of October when everyone was panicking and screaming “market crash”. Yet, we posted the following video on October 30th, 2023….here is the link Did We See A Major DOW Bottom On October 27th, 2023
Our calculations continue to show that the market is about to do what no one expects it to do. It is rather interesting, but our math shows both bulls and bears are in for a surprise.
If you would like to find out what the stock market will do next, in both price and time, long-term and/or short-term, please CLICK HERE